ARCA Biopharma shares are trading higher after the company announced a special dividend of $1.59 per share.
Portfolio Pulse from Benzinga Newsdesk
ARCA Biopharma shares are trading higher after the company announced a special dividend of $1.59 per share.

August 16, 2024 | 8:37 pm
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ARCA Biopharma shares are trading higher following the announcement of a special dividend of $1.59 per share.
The announcement of a special dividend is generally perceived positively by investors as it indicates the company's strong financial health and willingness to return capital to shareholders. This has led to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100